£181,290
This estimated value is based upon the latest sale price for the house of £167,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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100 High Street, Bedford, MK40 1NN
Phone: 01234671888
| Price Paid | Date |
|---|---|
| £167,000 | 2 Sep 2021 |
| £158,000 | 20 Oct 2017 |
| £129,950 | 14 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 573 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in September 2021 the House Price Index for BEDFORDSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £167,000 results in an estimated price of approximately £181,290.
| 2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £167,000 | £14,290 | £181,290 |
The Postcode Pricing Model uses changes in average sales price within the MK42 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 8.909 % | £14,878 | £181,878 |
| 3 Month Average | 8.178 % | £13,656 | £180,656 |
| 6 Month Average | 12.494 % | £20,865 | £187,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £67,721 | £66,500 | 26 HOMEBROOK HOUSE CARDINGTON ROAD |
| 25 Aug 2023 | £66,194 | £65,000 | 18 HOMEBROOK HOUSE CARDINGTON ROAD |
| 30 Jun 2023 | £115,211 | £112,902 | FLAT 16 RIVERSIDE TOWERS ST MARYS STREET |
| 30 Jun 2023 | £189,804 | £186,000 | 11 MERCHANTS COURT |
| 28 Apr 2023 | £61,144 | £60,000 | 19 HOMEBROOK HOUSE CARDINGTON ROAD |
This house has a floor area of 53 sq meters or 573 sq feet when measured on 18 Oct 2011. Using an estimated price of £181,290 means this house is valued at £3,401 per sq meter (£315 per sq foot).
The average size of a house on MERCHANTS COURT is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duck Mill Lane |
| Oct 2024 | Anti-social behaviour | On or near Duck Mill Lane | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Duck Mill Lane |
| Oct 2024 | Anti-social behaviour | On or near Bedesman Lane | |
| Oct 2024 | Anti-social behaviour | On or near Bedesman Lane |